Correct: Icahn lowers stake in Gannett

Corrections and clarifications: An earlier version of this story incorrectly reported Carl Icahn bought a 4.66% stake in Gannett Co. Inc. He lowered his stake to less than 5%.

Activist investor Carl Icahn lowered his state stake in Gannett, the publisher of USA TODAY and other local media properties, to less than 5%, according to a filing Wednesday with the Securities and Exchange Commission.